Restructuring events
European Restructuring Monitor (ERM)
The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Scandinavian Tobacco Group, a Danish company, opened a new cigar factory in Lummen (Flanders), creating 90 new jobs. The Group has relocated their factories in Geel and Louvain to the new facility, transferring 360 persons. The Lummen factory is now the largest cigar factory in Europe and has a production capacity of one billion cigars per year. The investment amounts to 32.5 million euro.
Eurofound (2010), Scandinavian Tobacco, Business expansion in Belgium, factsheet number 70968, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/70968.